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PHELPS ENERGY AND RESOURCES 2, LLC

Company Details

Name: PHELPS ENERGY AND RESOURCES 2, LLC
Legal type: Kentucky Limited Liability Company
Status: Active
Standing: Good
Profit or Non-Profit: Profit
File Date: 29 Oct 2014 (11 years ago)
Organization Date: 29 Oct 2014 (11 years ago)
Last Annual Report: 03 Mar 2025 (3 months ago)
Managed By: Members
Organization Number: 0900939
Industry: Bituminous Coal and Lignite Mining
Number of Employees: Small (0-19)
ZIP code: 41845
City: Premium
Primary County: Letcher County
Principal Office: 888 HOLLYBUSH BRANCH ROAD, PREMIUM, KY 41845
Place of Formation: KENTUCKY

Registered Agent

Name Role
JOSHUA NICHOLS Registered Agent

Member

Name Role
Michelle lynn Banks Member
Joshua H Nichols Member

Organizer

Name Role
Jairus Hall Organizer

Former Company Names

Name Action
Phelps Energy And Resources, LLC Old Name

Filings

Name File Date
Annual Report 2025-03-03
Annual Report 2024-04-01
Amendment 2023-12-19
Annual Report Amendment 2023-11-09
Annual Report 2023-03-20

USAspending Awards / Financial Assistance

Date:
2021-06-10
Awarding Agency Name:
Small Business Administration
Transaction Description:
TO PROVIDE LOANS TO RESTORE AS NEARLY AS POSSIBLE THE VICTIMS OF ECONOMIC INJURY TYPE DISASTERS TO PRE-DISASTER CONDITIONS
Obligated Amount:
0.00
Face Value Of Loan:
500000.00
Total Face Value Of Loan:
500000.00
Date:
2021-01-28
Awarding Agency Name:
Small Business Administration
Transaction Description:
TO AID SMALL BUSINESSES IN MAINTAINING WORK FORCE DURING COVID-19 PANDEMIC.
Obligated Amount:
0.00
Face Value Of Loan:
51200.00
Total Face Value Of Loan:
51200.00
Date:
2020-04-13
Awarding Agency Name:
Small Business Administration
Transaction Description:
ECONOMIC INJURY DISASTER GRANT
Obligated Amount:
15000.00
Face Value Of Loan:
0.00
Total Face Value Of Loan:
0.00
Date:
2020-04-09
Awarding Agency Name:
Small Business Administration
Transaction Description:
TO AID SMALL BUSINESSES IN MAINTAINING WORK FORCE DURING COVID-19 PANDEMIC.
Obligated Amount:
0.00
Face Value Of Loan:
94100.00
Total Face Value Of Loan:
94100.00

Mines

Mine Information

Mine Name:
Auger 84
Mine Type:
Surface
Mine Status:
Active
Primary Sic:
Coal (Bituminous)

Parties

Party Name:
MJK Mining Inc.
Party Role:
Operator
Start Date:
2014-02-10
End Date:
2022-05-22
Party Name:
Phelps Energy and Resources 2, LLC
Party Role:
Operator
Start Date:
2022-05-23
Party Name:
Michelle L Banks
Party Role:
Current Controller
Start Date:
2022-05-23
Party Name:
Phelps Energy and Resources 2, LLC
Party Role:
Current Operator

Mine Information

Mine Name:
No. 4
Mine Type:
Surface
Mine Status:
Active
Primary Sic:
Coal (Bituminous)

Parties

Party Name:
MJK Mining Inc.
Party Role:
Operator
Start Date:
2014-11-10
End Date:
2020-02-12
Party Name:
Phelps Energy and Resources 2 LLC
Party Role:
Operator
Start Date:
2020-02-13
Party Name:
Michelle L Banks
Party Role:
Current Controller
Start Date:
2020-02-13
Party Name:
Phelps Energy and Resources 2 LLC
Party Role:
Current Operator

Paycheck Protection Program

Date Approved:
2020-04-09
Loan Status:
Paid in Full
SBA Guaranty Percentage:
100
Initial Approval Amount:
94100
Current Approval Amount:
94100
Race:
Unanswered
Ethnicity:
Unknown/NotStated
Gender:
Unanswered
Veteran:
Unanswered
Forgiveness Amount:
94873.42
Date Approved:
2021-01-28
Loan Status:
Paid in Full
SBA Guaranty Percentage:
100
Initial Approval Amount:
51200
Current Approval Amount:
51200
Race:
Unanswered
Ethnicity:
Unknown/NotStated
Gender:
Unanswered
Veteran:
Unanswered
Forgiveness Amount:
51717.61

Sources: Kentucky Secretary of State